What is SAP?

SAP

SAP is a German software company.

The multinational software company provides enterprise software which helps manage business operations and customer relations.

The company was founded by five ex-IBM employees, with the company’s first product, SAP R/98, hitting the market just one year after it was founded in 1973.

The company name is an acronym standing for, ‘Systeme, Anwendungen und Produkte in der Datenverarbeitung’, or in English, ‘Systems, Applications & Products in Data Processing’.

 

Who is HANA and what has it got to do with SAP?

Name:

SAP SE

Main Business:

Enterprise Software

Founded by:

Dietmar Hopp, Hans-Werner Hector, Hasso Plattner, Klaus Tschira & Claus Wellenreuther

CEO:

Bill McDermott

Year founded:

1972

Share Price:

USD ( ) ( Last Updated : )

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